RIM CEOs to Give Up Top Posts in Shuffle

#1

Post by matt_p » Mon, Jan 23, 2012, 2:20 AM UTC

RIM CEOs to Give Up Top Posts in Shuffle
online.wsj.com

Re: RIM CEOs to Give Up Top Posts in Shuffle

#2

Post by jeffdechambeau » Mon, Jan 23, 2012, 2:21 AM UTC

Finally.

Re: RIM CEOs to Give Up Top Posts in Shuffle

#3

Post by mvkel » Mon, Jan 23, 2012, 2:30 AM UTC

Too little too late? If we start seeing tons of "expense cutting" measures with no innovation, they need to

a) hire from the outside for a fresh perspective

or

b) get acquired

Re: RIM CEOs to Give Up Top Posts in Shuffle

#4

Post by faramarz » Mon, Jan 23, 2012, 2:35 AM UTC

Quote from The Globe and Mail article[1] I read earlier:

  "...new chief executive officer says the company is doing 
  everything right and does not need a change in 
  strategy..."

oh boy!

[1] http://www.theglobeandmail.com/report-on-business/at-researc...

Re: RIM CEOs to Give Up Top Posts in Shuffle

#5

Post by Slimy » Mon, Jan 23, 2012, 2:38 AM UTC

Full article without ad: http://online.wsj.com/article_email/SB1000142405297020462420... Video: http://youtu.be/QUFwhpcrCTw

Re: RIM CEOs to Give Up Top Posts in Shuffle

#6

Post by rdl » Mon, Jan 23, 2012, 2:44 AM UTC

Perhaps Ballmer will step aside at Microsoft for Qi Lu, next?

HP would be the other company in my "management-impaired former titans" portfolio which might benefit from a change (they'll probably want to wait a bit, and Meg Whitman is definitely an improvement over some of their other CEOs.)

Re: RIM CEOs to Give Up Top Posts in Shuffle

#7

Post by kefs » Mon, Jan 23, 2012, 2:44 AM UTC

Official press release:

http://press.rim.com/release.jsp?id=5358

and more info:

https://www.theglobeandmail.com/globe-investor/jim-balsillie...

Re: RIM CEOs to Give Up Top Posts in Shuffle

#8

Post by [deleted] » Mon, Jan 23, 2012, 2:47 AM UTC

Slimy wrote: post #5

Full article without ad: http://online.wsj.com/article_email/SB1000142405297020462420... Video: http://youtu.be/QUFwhpcrCTw

[deleted]

Re: RIM CEOs to Give Up Top Posts in Shuffle

#9

Post by zeroboy » Mon, Jan 23, 2012, 2:49 AM UTC

faramarz wrote: post #4

Quote from The Globe and Mail article[1] I read earlier: "...new chief executive officer says the company is doing everything right and does not need a change in strategy..." oh boy! [1] http://www.theglobeandmail.com/report-on-business/at-researc...

RIM is one of those rare companies that have the ability to gloat whilst having their ass handed to them.

Re: RIM CEOs to Give Up Top Posts in Shuffle

#10

Post by xal » Mon, Jan 23, 2012, 2:50 AM UTC

faramarz wrote: post #4

Quote from The Globe and Mail article[1] I read earlier: "...new chief executive officer says the company is doing everything right and does not need a change in strategy..." oh boy! [1] http://www.theglobeandmail.com/report-on-business/at-researc...

That's generally a good thing to say when the people that he has to calm the most are the Street and their demotivated workforce. People as a whole don't like change.